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There are 12 life insurance companies listed in Nepse. We will figure out the Top 5 Life Insurance companies under different headings.
Asian Life Insurance Company Limited, Nepal Life Insurance Company Limited, Surya Life Insurance Company Limited, Jyoti Life Insurance Company Limited, etc are a few names of life insurance companies.
As per the fourth-quarter report, the premium collection of the company has increased.
Top 5 Life Insurance Company
Following are the comparison on the basis of different headings.
Paid-up Capital:
Nepal Life insurance Company limited is the company with the highest paid-up capital. It is followed by National Life Insurance company limited and Prime life insurance company limited.
Following are the top 5 companies
- NLIC: Rs. 8.20 arba
- NLICL: Rs. 4.03 arba
- PLIC: Rs. 2.77 arba
- LICN: Rs. 2.65 arba
- SLICL: Rs. 2.55 arba
Reserve and Surplus
To date, Nepal life insurance company limited has the highest reserve and surplus. Union Insurance Limited and Jyoti Life Insurance company Limited are in second and third positions.
Following are the top 5 Companies
- NLIC: Rs. 199.18 crore
- ULI: Rs. 133.30 Crore
- JLI: Rs. 103.58 crore
- NLICL: Rs. 77.26 crore
- SLICL: Rs. 71.23 crore
Net Profit
As per the fourth quarter report, Jyoti Life Insurance Company Limited has reported the highest net profit of Rs. 21.52 crores. Similarly, it is followed by Surya life insurance company limited and Nepal Life Insurance Limited.
Following are the top 5 companies
- JLI: Rs. 21.52 crore
- SLICL: Rs. 20.74 crore
- NLIC: Rs. 17.57 crore
- RLI: Rs. 13.18 crore
- NLICL: Rs. 11.71 crore
Net premium
According to the fourth quarter report of FY 2078/79, Nepal Life Insurance company limited has collected the highest net premium of Rs. 9.94 arba. Similarly, Life Insurance Corporation Nepal Limited and National Life insurance company Limited are in second and third positions.
Following are the top 5 companies
- NLIC: Rs. 9.94 arba
- LICN: Rs. 4.49 arba
- NLICL: Rs. 4.18 arba
- ULI: Rs. 1.86 arba
- ALICL: Rs. 1.65 arba
Insurance Fund
Premium paid by the clients for certain coverage is called an Insurance fund. Usually, it is investing in a low-risk investment.
Nepal Life insurance Company Limited has the highest insurance fund of Rs. 142.09 arba.
Following are the top 5 companies
- NLIC: Rs. 142.09 arba
- LICN: Rs. 97.50 arba
- NLICL: Rs. 53.77 arba
- ALICL: Rs. 33.63 arba
- PLIC: Rs. 19.90 arba
Net Claim
Among the 12 companies, Nepal Life Insurance has the net claim of Rs. 4.36 arba. Similarly, it is followed by National Life Insurance and Life Insurance Corporation.
Having lower Net Claims is better.
Following are the top 5 companies
- NLIC: Rs. 4.36 arba
- NLICL: Rs. 2.12 arba
- LICN: Rs. 1.96 arba
- ULI: Rs. 0.62 arba
- ALICL: Rs. 0.47 arba
No of polices
According to a fourth-quarter report of FY 2078/79, National life insurance holds the highest number of policies. They have 1,669,628 policies.
Following are the top 5 companies
- NLICL: 1,669,628
- NLIC: 1,425,283
- LICN: 686,626
- ALICL: 522,366
- SLICL: 409,593
Earning Per Share (EPS)
As per the report, Jyoti Life Insurance has the highest annualized EPS of Rs. 35.58. It is followed by Reliance Life insurance and Asian Life Insurance.
Following are the top 5 companies
- JLI: Rs. 35.58
- RLI: Rs. 25.10
- ALICL: Rs. 18.44
- GLICL: Rs. 12.19
- NLICL: Rs. 11.61
Net Worth Per Share
The net worth per share of Union Life Insurance is highest among life insurance companies. It has a net worth per share of Rs. 168.89.
Following are the Top 5 companies
- ULI: Rs. 168.89
- JLI: Rs. 148.62
- LICN: Rs. 136.57
- SLICL: Rs. 135.04
- GLICL: Rs. 134.83
Full Forms of Companies:
NLIC: Nepal Life Insurance Company Limited
SLICL: Rs. Surya Life Insurance Company Limited
ULI: Union Life Insurance Company Limited
LICN: Life Insurance corporation Nepal Limited
GLICL: Gurans Life Insurance Company Limited
JLI: Jyoti Life Insurance Company Limited
PLI: Parbhu Life Insurance Company Limited
PLIC: Prime Life Insurance Company Limited
ALICL: Asian Life Insurance Company Limited
NLICL: National Life Insurance Company Limited
SLI: Sanima Life Insurance Company Limited
RLI: Reliance Life Insurance Company Limited
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